Daily Mail and General Trust P L C (DMGT) Receives “Underweight” Rating from Barclays PLC

Barclays PLC reiterated their underweight rating on shares of Daily Mail and General Trust P L C (LON:DMGT) in a research report sent to investors on Friday morning, MarketBeat Ratings reports. The firm currently has a GBX 615 ($8.01) price target on the stock, down from their prior price target of GBX 650 ($8.47).

DMGT has been the topic of several other reports. Liberum Capital restated a buy rating and set a GBX 900 ($11.72) price target on shares of Daily Mail and General Trust P L C in a report on Tuesday, April 18th. Investec restated a buy rating and set a GBX 924 ($12.04) price target (down from GBX 951 ($12.39)) on shares of Daily Mail and General Trust P L C in a report on Thursday, May 25th. Numis Securities Ltd restated a buy rating and set a GBX 970 ($12.64) price target on shares of Daily Mail and General Trust P L C in a report on Friday, May 19th. Finally, Credit Suisse Group restated a neutral rating and set a GBX 740 ($9.64) price target on shares of Daily Mail and General Trust P L C in a report on Thursday. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the stock. Daily Mail and General Trust P L C has an average rating of Hold and a consensus price target of GBX 806.45 ($10.51).

Daily Mail and General Trust P L C (DMGT) traded up 0.24% on Friday, reaching GBX 637.50. 593,672 shares of the company’s stock were exchanged. The company’s market cap is GBX 2.25 billion. Daily Mail and General Trust P L C has a 52 week low of GBX 628.50 and a 52 week high of GBX 836.00. The stock’s 50 day moving average is GBX 653.03 and its 200 day moving average is GBX 706.59.

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The business also recently disclosed a dividend, which was paid on Friday, June 30th. Investors of record on Thursday, June 8th were paid a GBX 6.90 ($0.09) dividend. This represents a dividend yield of 0.99%. The ex-dividend date was Thursday, June 8th.

In related news, insider Paul Zwillenberg acquired 14,363 shares of the business’s stock in a transaction that occurred on Friday, May 26th. The shares were bought at an average cost of GBX 691 ($9.00) per share, with a total value of £99,248.33 ($129,296.94). Over the last ninety days, insiders purchased 14,424 shares of company stock worth $9,966,227.

Daily Mail and General Trust P L C Company Profile

Daily Mail and General Trust plc manages a multinational portfolio of companies that provide a range of businesses and consumers with information, analysis, insight, news and entertainment. The Company’s segments include RMS, dmg information, dmg events, Euromoney and dmg media. The RMS segment produces risk models, software applications and analytical data services used by the global risk and insurance industry to quantify and manage catastrophic risks.

Analyst Recommendations for Daily Mail and General Trust P L C (LON:DMGT)

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